Securities and Exchange Commisison v. Jung et al
| New York Southern District Court | |
| Judge: | John G Koeltl |
| Case #: | 1:18-cv-04811 |
| Nature of Suit | 850 Other Statutes - Securities/Commodities/Exchange |
| Cause | 15:78m(a) Securities Exchange Act |
| Case Filed: | May 31, 2018 |
| Terminated: | Sep 30, 2019 |
| Last checked: Tuesday Nov 27, 2018 4:05 AM EST |
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Defendant
Woojae Jung
1188 Mission Street, Apt 1013
San Francisco, CA 94103 |
Represented By
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Plaintiff
Securities and Exchange Commisison
New York Regional Office 200 Vesey Street
New York, NY 10281 |
Represented By
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Relief Defendant
Sungrok Hwang
740 Weyburn Terrace Aloe Court, Unit 321
Los Angeles, CA 90024 |
| 1. | Goldman Sachs Banker Accused of Insider Trading by SEC (wsj.com) |
| Submitted Thu 05/31/2018 | |
| Docket last updated: 11/25/2024 11:59 PM EST |
| Thursday, September 24, 2020 | ||
| 32 | 32
1
pgs
order
Order on Motion to Withdraw as Attorney
Thu 09/24 6:29 PM
ORDER granting31 Motion to Withdraw as Attorney. Upon the motion for Nicholas J. Karasimas for leave to withdraw as counsel for Defendant Woojae Jung, IT IS HEREBY ORDERED that the motion is granted.. (Signed by Judge John G. Koeltl on 9/24/2020) Attorney Nicholas J. Karasimas terminated (ks) |
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| Wednesday, September 23, 2020 | ||
| 31 | 31
motion
Withdraw as Attorney
Wed 09/23 9:03 PM
MOTION for Nicholas J. Karasimas to Withdraw as Attorney . Document filed by Woojae Jung..(Karasimas, Nicholas) |
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Att: 1
Declaration of Nicholas J. Karasimas,
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Att: 2
Proposed Order
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| Monday, September 30, 2019 | ||
| 30 | 30
order
Judgment - Consent ~Util - Add and Terminate Parties
Mon 09/30 2:59 PM
FINAL JUDGMENT AS TO DEFENDANT JUNG: The Securities and Exchange Commission, having filed a Complaint and Defendant Woojae (Steve) Jung having entered a general appearance; consented to the Court's jurisdiction over Defendant and the subject matter of this action; consented to entry of this Final Judgment; waived findings of fact and conclusions of law; and waived any right to appeal from this Judgment: IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that Defendant is permanently restrained and enjoined from violating, directly or indirectly, Section 10(b) of the Securities Exchange Act of 1934 (the "Exchange Act") [IS U.S.C. § 78j(b)] and Rule 10b-5 promulgated thereunder [17 C.F.R. § 240.10b-5], by using am means or instrumentality of interstate commerce, or of the mails, or of any facility of any national securities exchange, in connection with the purchase or sale of any security; as further set forth herein. IT IS HEREBY FURTHER ORDERED, ADJUDGED, AND DECREED that Defendant is liable for disgorgement of $130,000.00. representing profits gained as a result of the conduct alleged in the Complaint, which shall be deemed satisfied by the order of forfeiture entered in the criminal proceeding, United States v. Jung, Case No. 1:18-cr-00518 (S.D.N.Y.) in the amount of $130,000.00. IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that the Consent is incorporated herein with the same force and effect as if fully set forth herein, and that Defendant shall comply with all of the undertakings and agreements set forth therein. IT IS FURTHER ORDERED, ADJUDGED, AND DECREED that this Court shall retain jurisdiction of this matter for the purposes of enforcing the terms of this Judgment. Woojae Jung terminated. (Signed by Judge John G. Koeltl on 9/25/2019) (mro) |
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| Friday, September 27, 2019 | ||
| 29 | 29
2
pgs
order
Order on Motion to Adjourn Conference
Fri 09/27 5:14 PM
ORDER granting28 Letter Motion to Adjourn Conference. The conference is canceled. SO ORDERED. (Signed by Judge John G. Koeltl on 9/27/2019) (ks) |
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| Thursday, September 26, 2019 | ||
| 28 | 28
motion
Adjourn Conference
Thu 09/26 8:11 PM
JOINT LETTER MOTION to Adjourn Conference addressed to Judge John G. Koeltl from Nicholas Karasimas dated September 26, 2019. Document filed by Woojae Jung.(Karasimas, Nicholas) |
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| Wednesday, September 25, 2019 | ||
| 27 | 27
order
Notice of Voluntary Dismissal - Signed ~Util - Add and Terminate Parties
Wed 09/25 3:14 PM
PLAINTIFF SEC'S RULE 41(a)(1)(A)(i) NOTICE OF VOLUNTARY DISMISSAL OF ITS UNJUST ENRICHMENT CLAIM AGAINST RELIEF DEFENDANT HWANG: Plaintiff Securities and Exchange Commission ("SEC") respectfully submits, in accordance with Fed. R. Civ. P. 41(a)(1)(A)(i), the following notice of voluntary dismissal as tothe Third Claim for Relief alleged in its complaint, which asserts an action for unjust enrichment against relief defendant Sungrok Hwang: On May 31, 2018, the SEC filed its complaint in this civil enforcement action. Dkt. No.1. The SEC's first and second claims for relief alleged that defendant Woojae (Steve) Jung violated the anti fraud provisions of the federal securities laws by engaging in illegal insider trading. Id. at Paragraphs 140-152. On September 19, 2019, the commissioners of the SEC approved a proposed settlement with defendant Jung, and counsel for the SEC has concurrently filed with the Court Jung's executed consent and a proposed final judgment as to Jung memorializing the authorized settlement. The SEC's complaint alleged a third claim for relief- unjust enrichment - against relief defendant Hwang. Relief defendant Hwang has not answered the SEC's complaint, nor has he moved for summary judgment. The SEC hereby submits this notice of voluntary dismissal with respect to its unjust enrichment action against relief defendant Hwang in accordance with Fed. R. Civ. P. 41(a)(1)(A)(i). SO ORDERED., Sungrok Hwang terminated. (Signed by Judge John G. Koeltl on 9/25/2019) (ama) |
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| Thursday, September 19, 2019 | ||
| 26 | 26
notice
Notice of Voluntary Dismissal
Thu 09/19 2:02 PM
NOTICE OF VOLUNTARY DISMISSAL pursuant to Rule 41(a)(1)(A)(i) of the Federal Rules of Civil Procedure, the plaintiff(s) and or their counsel(s), hereby give notice that the above-captioned action is voluntarily dismissed, against the defendant(s) Sungrok Hwang. Document filed by Securities and Exchange Commisison. Proposed document to be reviewed and processed by Clerk's Office staff (No action required by chambers). . (Leung, Gary) |
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| 25 | 25
misc
Proposed Judgment
Thu 09/19 1:25 PM
PROPOSED JUDGMENT. Document filed by Securities and Exchange Commisison. (Leung, Gary) |
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Att: 1
Proposed Final Judgment
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misc
Notice to Court Regarding Voluntary Dismissal
Thu 09/19 2:04 PM
***NOTICE TO COURT REGARDING NOTICE OF VOLUNTARY DISMISSAL Document No. 26 Notice of Voluntary Dismissal was reviewed and referred to Judge John G. Koeltl for approval for the following reason(s): the plaintiff(s) filed their voluntary dismissal and it did not dismiss all of the parties or the action in its entirety. (km) |
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| Wednesday, September 11, 2019 | ||
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minutes
~Util - Set Hearings
Wed 09/11 12:09 PM
Minute Entry for proceedings held before Judge John G. Koeltl: Status Conference set for 10/2/2019 at 04:30 PM in Courtroom 14A, 500 Pearl Street, New York, NY 10007 before Judge John G. Koeltl. (Fletcher, Donnie) |
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| Wednesday, June 12, 2019 | ||
| 24 | 24
misc
Status Report
Wed 06/12 12:57 PM
STATUS REPORT. Document filed by Securities and Exchange Commisison.(Leung, Gary) |
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| Friday, March 22, 2019 | ||
| 23 | 23
2
pgs
order
Order on Motion to Stay
Fri 03/22 3:44 PM
ORDER STAYING MATTER PENDING DEFENDANT JUNG'S CRIMINAL SENTENCING granting22 Letter Motion to Stay. IT IS HEREBY ORDERED that: I. This matter is stayed pending the completion of Jung's sentencing in United States v. Jung, Case No. l:18-cr-00518-LAK (S.D.N.Y.); and 2. The parties are directed to file a joint status report with the Court within three business days of Defendant Jung's sentencing. SO ORDERED. (Signed by Judge John G. Koeltl on 3/22/2019) (jca) |
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| Thursday, March 21, 2019 | ||
| 22 | 22
motion
Stay
Thu 03/21 3:09 PM
LETTER MOTION to Stay addressed to Judge John G. Koeltl from Gary Y. Leung dated 3/21/2019. Document filed by Securities and Exchange Commisison.(Leung, Gary) |
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Att: 1
Proposed Order
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| Thursday, September 13, 2018 | ||
| 21 | 21
order
Scheduling Order ~Util - Jury Demand - Update
Thu 09/13 3:15 PM
SCHEDULING ORDER: Initial disclosures pursuant to Fed. R. Civ. P. 26(a)(1) shall be completed by August 24, 2018. Non-expert discovery shall be completed by March 22, 2019. Motions due by 6/21/2019. Expert reports shall be exchanged no later than April 12, 2019., Expert Discovery due by 5/24/2019. Rebuttal expert reports shall be exchanged no later than May 10, 2019. The parties do not consent to proceedings before a United States Magistrate Judge. The parties agree that the case is to be tried with a jury, and that the estimated length of trial is approximately three days. SO ORDERED., *** JURY DEMAND updated. (Signed by Judge John G. Koeltl on 9/5/18) (yv) |
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| Wednesday, September 05, 2018 | ||
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minutes
Pretrial Conference - Initial
Thu 09/06 3:28 PM
Minute Entry for proceedings held before Judge John G. Koeltl: Initial Pretrial Conference held on 9/5/2018. (Court Reporter Sam Mauro) (Fletcher, Donnie) |
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| Friday, August 17, 2018 | ||
| 20 | 20
answer
Answer to Complaint
Fri 08/17 10:11 AM
ANSWER to1 Complaint with JURY DEMAND. Document filed by Woojae Jung.(Villazor, Rodney) |
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| Thursday, August 02, 2018 | ||
| 19 | 19
notice
Notice of Appearance
Thu 08/02 5:03 PM
NOTICE OF APPEARANCE by Nicholas J. Karasimas on behalf of Woojae Jung. (Karasimas, Nicholas) |
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| 18 | 18
discov
Rule 26(f) Discovery Plan Report
Thu 08/02 2:35 PM
RULE 26(f) DISCOVERY PLAN REPORT.Document filed by Securities and Exchange Commisison.(Leung, Gary) |
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| Monday, July 30, 2018 | ||
| 17 | 17
order
Stipulation and Order ~Util - Set Deadlines/Hearings ~Util - Terminate Motions
Mon 07/30 4:39 PM
STIPULATION AND ORDER FOR EXTENSION OF TIME, NOW THEREFORE, the undersigned parties, by and through their counsel of record, stipulate as follows: 1. Defendant Jung shall file an answer or otherwise make a motion by August 17, 2018; 2. The SEC's Request for Certificate of Default (dkt. 13) is hereby DENIED as moot; and 3. The pretrial conference currently scheduled for August 8, 2018 is hereby adjourned to 9/5/2018 at 04:30 P.M. IT IS SO ORDERED. (Woojae Jung answer due 8/17/2018.)(Initial Conference set for 9/5/2018 at 04:30 PM before Judge John G. Koeltl.), Motions terminated:16 LETTER MOTION for Extension of Time to File Answer and to Adjourn Pretrial Conference addressed to Judge John G. Koeltl from Rodney Villazor dated July 27, 2018. filed by Woojae Jung. (Signed by Judge John G. Koeltl on 7/27/18) (yv) |
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| Friday, July 27, 2018 | ||
| 16 | 16
motion
Extension of Time to File Answer
Fri 07/27 2:25 PM
LETTER MOTION for Extension of Time to File Answer and to Adjourn Pretrial Conference addressed to Judge John G. Koeltl from Rodney Villazor dated July 27, 2018. Document filed by Woojae Jung.(Villazor, Rodney) |
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Att: 1
Text of Proposed Order
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| Wednesday, July 25, 2018 | ||
| 15 | 15
notice
Notice of Appearance
Wed 07/25 2:01 PM
NOTICE OF APPEARANCE by Patrick J. Smith on behalf of Woojae Jung. (Smith, Patrick) |
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| 14 | 14
notice
Notice of Appearance
Wed 07/25 1:58 PM
NOTICE OF APPEARANCE by Rodney B. Villazor on behalf of Woojae Jung. (Villazor, Rodney) |
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| Wednesday, July 18, 2018 | ||
| 13 | 13
misc
Request to Enter Default
Wed 07/18 1:47 PM
REQUEST TO ENTER DEFAULT against Woojae (Steve) Jung . Document filed by Securities and Exchange Commisison.(Leung, Gary) |
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Att: 1
Declaration of Gary Y. Leung in Support of Request for Certificate of Default,
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Att: 2
Exhibit A to Declaration of Gary Y. Leung,
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Att: 3
Exhibit B to Declaration of Gary Y. Leung
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| Tuesday, June 26, 2018 | ||
| 12 | 12
service
Affidavit of Service Complaints
Tue 06/26 5:48 PM
AFFIDAVIT OF SERVICE of Summons and Complaint. Woojae Jung served on 6/22/2018, answer due 7/13/2018. Service was accepted by Woojae Jung. Document filed by Securities and Exchange Commisison. (Leung, Gary) |
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| 11 | 11
notice
Notice of Hearing
Tue 06/26 4:30 PM
NOTICE OF COURT CONFERENCE: Initial Conference set for 8/8/2018 at 04:30 PM in Courtroom 14A, 500 Pearl Street, New York, NY 10007 before Judge John G. Koeltl. (tro) |
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| Monday, June 11, 2018 | ||
| 10 | 10
2
pgs
order
Order on Motion to Appear Pro Hac Vice
Mon 06/11 11:50 AM
ORDER FOR ADMISSION PRO HAC VICE granting7 Motion for Gary Y. Leung to Appear Pro Hac Vice. The motion of Gary Y. Leung for admission to practice Pro Hac Vice in the above-captioned action is granted. IT IS HEREBY ORDERED that Applicant is admitted to practice Pro Hac Vice in the above-captioned case in the United States District Court for the Southern District of New York. All attorneys appearing before this court are subject to the Local Rules of this Court, including the Rules governing discipline of attorneys. (Signed by Judge John G. Koeltl on 6/8/18) (yv) |
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| Friday, June 08, 2018 | ||
| 9 | 9
2
pgs
order
Order on Motion to Appear Pro Hac Vice
Fri 06/08 12:35 PM
ORDER FOR ADMISSION PRO HAC VICE granting8 Motion for Megan M. Bergstrom to Appear Pro Hac Vice. (Signed by Judge John G. Koeltl on 6/8/2018) (tro) |
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misc
Notice Regarding Pro Hac Vice Motion
Fri 06/08 8:21 AM
>>>NOTICE REGARDING PRO HAC VICE MOTION. Regarding Document No. 8 MOTION for Megan M. Bergstrom to Appear Pro Hac Vice . Motion and supporting papers to be reviewed by Clerk's Office staff., 7 MOTION for Gary Y. Leung to Appear Pro Hac Vice . Motion and supporting papers to be reviewed by Clerk's Office staff.. The document has been reviewed and there are no deficiencies. (bcu) |
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| Thursday, June 07, 2018 | ||
| 8 | 8
motion
Appear Pro Hac Vice
Thu 06/07 5:14 PM
MOTION for Megan M. Bergstrom to Appear Pro Hac Vice . Motion and supporting papers to be reviewed by Clerk's Office staff. Document filed by Securities and Exchange Commisison.(Bergstrom, Megan) |
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Att: 1
Affidavit,
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Att: 2
Text of Proposed Order
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| 7 | 7
motion
Appear Pro Hac Vice
Thu 06/07 5:02 PM
MOTION for Gary Y. Leung to Appear Pro Hac Vice . Motion and supporting papers to be reviewed by Clerk's Office staff. Document filed by Securities and Exchange Commisison.(Leung, Gary) |
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Att: 1
Affidavit,
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Att: 2
Text of Proposed Order
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| Friday, June 01, 2018 | ||
| 6 | 6
service
Summons Issued
Fri 06/01 12:23 PM
ELECTRONIC SUMMONS ISSUED as to Woojae Jung. (pne) |
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| 5 | 5
service
Summons Issued
Fri 06/01 12:23 PM
ELECTRONIC SUMMONS ISSUED as to Sungrok Hwang. (pne) |
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notice
Case Opening Initial Assignment Notice
Fri 06/01 10:18 AM
CASE OPENING INITIAL ASSIGNMENT NOTICE: The above-entitled action is assigned to Judge John G. Koeltl. Please download and review the Individual Practices of the assigned District Judge, located at[LINK:http://nysd.uscourts.gov/judges/District] . Attorneys are responsible for providing courtesy copies to judges where their Individual Practices require such. Please download and review the ECF Rules and Instructions, located at[LINK:http://nysd.uscourts.gov/ecf_filing.php] . (pne) |
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utility
Case Designation
Fri 06/01 10:18 AM
Magistrate Judge Barbara C. Moses is so designated. Pursuant to 28 U.S.C. Section 636(c) and Fed. R. Civ. P. 73(b)(1) parties are notified that they may consent to proceed before a United States Magistrate Judge. Parties who wish to consent may access the necessary form at the following link:[LINK:http://nysd.uscourts.gov/forms.php] . (pne) |
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utility
Case Designated ECF
Fri 06/01 10:18 AM
Case Designated ECF. (pne) |
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misc
Notice to Attorney Regarding Case Opening Statistical Error Correction
Fri 06/01 10:20 AM
***NOTICE TO ATTORNEY REGARDING CIVIL CASE OPENING STATISTICAL ERROR CORRECTION: Notice to attorney Joseph G. Sansone. The following case opening statistical information was erroneously selected/entered: Cause of Action code 15:77. The following correction has been made to your case entry: the Cause of Action code has been modified to 15:78. (pne) |
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misc
Notice to Attorney Regarding Party Modification
Fri 06/01 10:20 AM
***NOTICE TO ATTORNEY REGARDING PARTY MODIFICATION. Notice to attorney Joseph G. Sansone. The party information for the following party has been modified: Woojae Jung. The information for the party has been modified for the following reason: alias party name was omitted. (pne) |
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| Thursday, May 31, 2018 | ||
| 4 | 4
service
Request for Issuance of Summons
Thu 05/31 11:57 AM
REQUEST FOR ISSUANCE OF SUMMONS as to Sungrok Hwang, re:1 Complaint. Document filed by Securities and Exchange Commisison. (Sansone, Joseph) |
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| 3 | 3
service
Request for Issuance of Summons
Thu 05/31 11:53 AM
REQUEST FOR ISSUANCE OF SUMMONS as to Woojae Jung, re:1 Complaint. Document filed by Securities and Exchange Commisison. (Sansone, Joseph) |
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| 2 | 2
misc
Civil Cover Sheet
Thu 05/31 11:24 AM
CIVIL COVER SHEET filed. (Sansone, Joseph) |
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| 1 | 1
26
pgs
cmp
Complaint
Thu 05/31 11:21 AM
COMPLAINT against Sungrok Hwang, Woojae Jung. Document filed by Securities and Exchange Commisison.(Sansone, Joseph) |
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